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Shopify

1,259 hedge funds and large institutions have $66.6B invested in Shopify in 2024 Q3 according to their latest regulatory filings, with 155 funds opening new positions, 471 increasing their positions, 432 reducing their positions, and 97 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 155 | Existing positions closed: 97

27% more call options, than puts

Call options by funds: $3.02B | Put options by funds: $2.37B

24% more capital invested

Capital invested by funds: $53.8B → $66.6B (+$12.8B)

10% more funds holding in top 10

Funds holding in top 10: 3134 (+3)

4% more funds holding

Funds holding: 1,2091,259 (+50)

1.46% more ownership

Funds ownership: 67.17%68.63% (+1.5%)

9% more repeat investments, than reductions

Existing positions increased: 471 | Existing positions reduced: 432

Holders
1,259
Holders Change
+50
Holders Change %
+4.14%
% of All Funds
18.08%
Holding in Top 10
34
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+9.68%
% of All Funds
0.49%
New
155
Increased
471
Reduced
432
Closed
97
Calls
$3.02B
Puts
$2.37B
Net Calls
+$651M
Net Calls Change
-$154M
Name Holding Trade Value Shares
Change
Change in
Stake
OPWM
951
Oxinas Partners Wealth Management
Indiana
$251K -$23.5K -340 -10%
WAAG
952
Wealth Alliance Advisory Group
Kansas
$251K
SIMG
953
Sonora Investment Management Group
Arizona
$250K +$215K +3,117 New
FNBT
954
FineMark National Bank & Trust
Florida
$248K
WA
955
Waverly Advisors
Alabama
$247K +$276 +4 +0.1%
EWA
956
EverSource Wealth Advisors
Alabama
$247K +$3.94K +57 +2%
DS
957
DRW Securities
Illinois
$247K -$102K -1,483 -33%
HFP
958
Holistic Financial Partners
Indiana
$243K -$35.3K -511 -14%
DIM
959
DLK Investment Management
California
$243K
FMC
960
First Merchants Corp
Indiana
$243K +$209K +3,030 New
LFP
961
Leeward Financial Partners
Washington
$243K -$2.69K -39 -1%
CCM
962
Chilton Capital Management
Texas
$241K
ZIM
963
Zacks Investment Management
Illinois
$241K +$207K +3,002 New
AGA
964
Accuvest Global Advisors
Utah
$240K +$207K +3,000 New
PCM
965
Perkins Capital Management
Minnesota
$240K +$207K +3,000 New
AIA
966
Alera Investment Advisors
Illinois
$240K -$3.8K -55 -2%
GJWM
967
Gilliland Jeter Wealth Management
Arkansas
$240K
SC
968
Summa Corp
Texas
$239K +$206K +2,978 New
WWM
969
Wolff Wiese Magana
California
$238K +$10.5K +152 +5%
AWM
970
Aprio Wealth Management
Georgia
$236K +$204K +2,947 New
OAM
971
Occidental Asset Management
California
$235K -$25.1K -364 -11%
GI
972
GAMCO Investors
Connecticut
$231K +$199K +2,880 New
QCM
973
QRG Capital Management
Illinois
$227K +$196K +2,837 New
ST
974
Spinnaker Trust
Maine
$227K +$196K +2,837 New
FPCP
975
Fort Point Capital Partners
California
$227K +$196K +2,833 New

SHOP Hedge Fund Activity: Q3 2024 in Review

1,259 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2024, worth a combined $66.6B — up 24% from $53.8B a quarter earlier.

Buyers outnumbered sellers: 155 funds opened new SHOP positions and 97 closed out — a net gain of 58 holders — while 471 added to existing stakes and 432 trimmed.

The largest buyer was Capital International Investors, adding an estimated $585M. The largest seller was JP Morgan Chase, cutting an estimated $564M.

  • 1,259 institutional investors held Shopify (SHOP) as of Q3 2024, up from 1,209 in Q2 2024.
  • Funds reported $66.6B of Shopify stock for Q3 2024, up 24% quarter-over-quarter.
  • 155 funds opened new Shopify positions in Q3 2024 and 97 closed out, a net change of +58 holders.
  • The largest Shopify buyer in Q3 2024 was Capital International Investors, an estimated $585M added.
  • The largest Shopify seller in Q3 2024 was JP Morgan Chase, an estimated $564M sold.

Based on aggregated 13F filings for Q3 2024.